DVN previously has produced a head and shoulders patterns, hence the decrease in stock price for the long period. But, recently the stock broke out of its flag pattern and it is also earning report day for DVN today. So, there is an opportunity. I have put the Long order at the next fibonacci level, as that will provide support and resistance. The Long take-profit...
$DVN Opened long swing trade yesterday 42.62 #swingtrading #Oil
Ticker : DVN Direction : LONG/SHORT Entry Price : NA Current Price : 34.54 Description of Chart : I am looking to either short this if it hits 39.55 or get long if it hits 30.07. Time will tell but keep an eye out as this can move quickly. I also manage money for other traders, you can invest and I will trade to seek greater returns for you! Visit my website...
This is a bearish retest gap on the daily level. 35.30 will act as a little bit of support. Needs to break that quickly.
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